The pro-investor euphoria created on the election of Narendra Modi to power in 2014 has diluted upon uncovering of more scams and announcement of populist measures, said Tarun Bhatia, Managing Director, Kroll India.

When Narendra Modi came to power, it was a full-majority government after 10-15 years of coalition government, there was a lot of euphoria, Tarun Bhatia, Managing Director, Kroll India said.